259 NE 111th St, Miami, FL 33161
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259 NE 111th St, Miami, FL 33161
259 NE 111th St, Miami, FL 33161
259 NE 111th St, Miami, FL 33161
259 NE 111th St, Miami, FL 33161
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Alex Mendel

Alex Mendel

+1(561) 827-8449
$ 679,000
Est. payment /mo
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259 NE 111th St Miami, FL 33161

1,762 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,762 sqft

Price per Sqft $385

Subdivision Miami Highlands Sec A

MLS Listing ID A12040451

HOA Y/N No

Year Built 1947

Annual Tax Amount $5,510

Tax Year 2025

Property Sub-Type Duplex

Property Description

Spectacularly situated between the prestigious Villages of Biscayne Park and Miami Shores, the property is within walking distance to Miami Country Day School. Located in unincorporated Miami-Dade, your annual property taxes are significantly lower than neighboring communities—maximizing your net returns!
Vacant, remodeled, ready to tour! Live in the 4 Bedroom unit and enjoy rental income from the other 2 units. Or rent them All. This turnkey residential duplex generates $5,100/month gross ($61,200/yr), with the vacant 4 bedroom 2 bath unit projected at $2,800/mo. The front unit is divided into two efficiencies, producing immediate cash flow at $1,100 and $1,200/month on annual leases. Both feature a flexible 30-day right to cancel, and security deposits transfer. Rents include utilities. Capital improvements offer total peace of mind: a new roof (2023), new central A/C system, new impact windows/doors, a huge newly paved parking lot, washer/dryer, and the extra building/shed with electricity that conveys. Features two separate electric meters (one for the back unit, one for the two front units) and one shared water meter.
Preview the largest unit today to experience the high-end finishes, which are completely mirrored in the two front units. To respect occupant privacy, the tenant-occupied units will only be shown during the inspection period with a fully executed contract; please do not disturb tenants. See attachments for Inspection Reports and Survey.

Location

State FL

County Miami-dade

Community Miami Highlands Sec A

Area 22

Direction Use Google Maps for 259 NE 111 St Miami

Interior

Heating Central, Electric

Cooling Central Air, Ceiling Fan(s), Electric, Wall/Window Unit(s)

Flooring Terrazzo, Vinyl

Window Features Blinds,Impact Glass

Exterior

Exterior Feature Deck, Fence, Lighting, Room For Pool, Shed, Storm/Security Shutters, Security/High Impact Doors

Pool None

Community Features Laundry Facilities

Utilities Available Cable Available

Roof Type Tar/Gravel

Porch Deck

Total Parking Spaces 5

Private Pool No

Building

Lot Description Sprinklers Manual, < 1/4 Acre

Story 1

Sewer Septic Tank

Water Public

Level or Stories One

Structure Type Block

Others

Tax ID 30-22-31-029-0060

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12040451

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Pamela Hall Real Estate, LLC.
Alex Mendel

Alex Mendel

Agent

+1(561) 827-8449

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259 NE 111th St

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